Schouw & Co. share buy-back programme, week 46 2025

17 Nov 2025 14:30 CET

On 5 May 2025, Schouw & Co. initiated a share buy-back programme as outlined in
Company Announcement no. 20 of 2 May 2025. Under the programme, Schouw & Co.
will acquire shares for up to DKK 120 million during the period 5 May to 31
December 2025.

The buy-back will be structured in accordance with Regulation (EU) No. 596/2014
of the European Parliament and of the Council of 16 April 2014 on market abuse
(MAR) and the Commission's delegated regulation (EU) 2016/1052 of 8 March 2016
("Safe Harbour" rules).

No. of Average
Trading day shares price Amount
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Accumulated until 7 November
2025 175,400 598.50 104,976,781
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Monday, 10 November 2025 1,400 588.07 823,298

Tuesday, 11 November 2025 1,400 599.53 839,342

Wednesday, 12 November 2025 1,100 603.71 664,081

Thursday, 13 November 2025 1,400 586.67 821,338

Friday, 14 November 2025 1,400 578.27 809,578
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In the period 10 November
2025 - 14 November 2025 6,700 590.69 3,957,637
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Accumulated until 14 November
2025 182,100 598.21 108,934,418
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Following the above transactions, Schouw & Co. holds a total of 2,224,093
treasury shares corresponding to 8.90% of the total share capital of
25,000,000 shares.

Aktieselskabet Schouw & Co.

Jørgen Dencker Wisborg, Chairman
Jens Bjerg Sørensen, President, telephone number +45 86 11 22 22

More information:
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659867_2025-11-17 FBM25-53 SBB-w46 ENG.pdf
659867_SBB2025 Week 46.pdf